Your buyers see the down payment. What they don't see — until the bill arrives — is everything floating beneath it. Enter the numbers below and watch the real total appear.
👁️ What they see
—
🧊 What they forget
—
Your transaction
Fill in the real numbers from the file — everything recalculates live.
$
Determines the welcome tax brackets. Always confirm with the municipality — some adjust their bylaw.
$
Current down payment10%
Fixed costs at closing
$
$
$
Seller already provides a valid one
$
$
$
$
$
Municipal/school tax adjustment
$
Estimate50%
Varies with the exact closing date — your notary will make the precise adjustment.
Set aside a safety cushion for move-in
For first-month surprises — strongly recommended.
$
Total cash required
What your buyers need on hand, beyond the mortgage loan.
Total cash at closing
—
That's — more than the down payment alone — — in additional costs that few buyers budget for.
Capital
Down payment—
Loan amount financed, not required in cash—
Government & municipality
Welcome tax (transfer duties)—
CMHC/Sagen mortgage insurance added to the loan, not paid in cash—
QST on mortgage insurance payable in cash, often overlooked—
Tax adjustment to seller—
Professionals & closing
Notary—
Pre-purchase inspection—
Certificate of location—
Bank appraisal—
1st home insurance premium—
Move-in
Moving—
Utility hookups—
Condo fee adjustment—
Safety cushion—
Total cash required—
This is an educational and estimation tool, not an official calculation. Welcome tax is actually calculated on whichever is higher between the purchase price and the municipal value × the comparative factor, and municipal brackets can change. Notary, inspection, and other fees are typical 2026 ranges and vary by file. Always confirm exact amounts with your notary and lender before signing.
Want to go over your file together?
Before making an offer, it's worth knowing exactly how much cash you'll need on hand. Reach out and we'll run the precise numbers for your situation.